Energy Recovery (ERII) Stock
Energy recovery systems for water desalination and industrial applications. Here's the price, business snapshot, and what's worth knowing about Energy Recovery in October 2026.
Energy Recovery Inc (NASDAQ: ERII) designs and supplies energy recovery devices and systems that capture and reuse energy from high-pressure fluid streams. Its pressure exchanger technology is widely used in seawater reverse osmosis desalination and selected industrial applications to lower energy consumption and operating costs. Customers include water utilities, municipal and industrial operators and OEM partners. With a market capitalisation around $913m, the company sits at the intersection of infrastructure investment, water scarcity and energy efficiency trends. Financial results can vary with project timing, product mix and capital spending cycles, so investors should watch order backlog, gross margins and cash flow. This summary is for general educational purposes only and not personalised advice; investments can fall as well as rise and may not suit all investors.
Energy Recovery (ERII) Stock Forecast
Analyst price target, next 12 months
$14.80
+118.6% vs today's $6.77
Price range over the last 12 months
Close to its 12-month low
Analysts covering Energy Recovery have a consensus 12-month target of $14.80, above the current price of $6.77.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 30 Sep 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Energy Recovery's stock, with a target price indicating potential growth.
Financial Health
Energy Recovery Inc. is successfully generating solid revenue and cash flow with good profit margins.
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Why You’ll Want to Watch This Stock
Efficiency driver
Its pressure-exchange technology reduces energy use in desalination, which can lower operator costs — though project timing can lead to revenue swings.
Water scarcity trend
Rising demand for freshwater and infrastructure investment may support long-term opportunities, but government funding and capex cycles influence timing.
Energy & decarbonisation
Products can help lower the energy intensity of high‑pressure processes, offering an angle on efficiency and decarbonisation amid competitive and execution risks.
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